1. The following account appears in the ledger after only part of the postings have been completed for July, the first month of the fiscal year: (16 pts) Work-In- Process Balance, July 1 53,200 Direct Materials 147,000 Direct Labor 120,000 Manufacturing overhead is applied to jobs at the rate of 60% of direct labor cost. The actual Manufacturing overhead incurred for July was $75,000. Jobs completed during the month totaled $301,200. a. Prepare the journal entries to record (1) the application of Manufacturing overhead to production during July and (2) the jobs completed during July. (4 pts) b. What was the balance of the Manufacturing overhead account on July 31

Which two of the following are benefits of consumer programs

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation